Basically title.
Leaving for PE and want to find out when is the earliest I can quit. I know they pay out on Aug 15, so do I have to be employed until July 31 or is there an earlier date?
| +416 | Is UBS really that bad? | 76 | 40m |
| +259 | Investment Banking is Divine | 40 | 2d |
| +219 | Another $115bn Mega deal for these banks. Congrats! | 46 | 5h |
| +216 | US 2027 SA IB worried about background check | 53 | 2d |
| +54 | Useless associates | 11 | 4h |
| +48 | Differences in Restructuring Teams? | 24 | 1h |
| +40 | Is Houston SA 28 recruiting already over? | 34 | 1d |
| +36 | How do you manage nerves in IB technical interviews? | 8 | 8h |
| +34 | FIG Pigeonholes you - is it true? | 13 | 1h |
| +34 | Roku-Fox Deal - UBS Misses Out on yet another deals after years chasing this deal | 6 | 34m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, JPMorgan typically pays out bonuses on August 15. To ensure you receive your bonus, you generally need to remain employed through the end of July. However, it's crucial to confirm the specific terms of your employment contract or bonus agreement, as some firms may have additional stipulations, such as requiring you to be employed on the actual payout date (August 15 in this case).
If you're planning to leave for PE, it might be worth discussing your situation with the PE firm to see if they can accommodate a later start date, allowing you to secure your bonus before transitioning.
Sources: CIB Credit Risk J.P. Morgan, https://www.wallstreetoasis.com/forum/investment-banking/jefferies-are-these-rumors-true?customgpt=1, Leave 100k+ bonus for Immediate PE Offer?, JPM Bonuses, Gap period between IB and PE
Vitae iure rerum et praesentium. Atque quia minima nam odit debitis sint possimus id. Fugiat quidem non incidunt velit vel. Nihil pariatur et repellendus et nesciunt cupiditate illo atque.
Alias possimus voluptatem ex numquam corporis. Et praesentium voluptas itaque dolorum consequatur. Et a veniam dolorem assumenda rerum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...